Question
Determine the present value P you must invest to have the future value A at simple interest rate r after time t. A= $ 4000.00
Determine the present value P you must invest to have the future value A at simple interest rate r after time t.
A= $4000.00 r= 10.0%, t= 3 months
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
